NYSE$ALL
Allstate Corp · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Allstate's profitability improved due to strong operating capabilities and decisive actions.
Allstate reported a significant profit improvement in Q1 2024, driven by strong operating capabilities, decisive actions to improve shareholder value, and lower catastrophe losses. Revenues reached $15.3 billion, and net income was $1.2 billion, with adjusted net income at $5.13 per diluted common share.
- Auto profitability was enhanced as a growing number of states achieved targeted margin levels.
- Industry leading home insurance capabilities, when combined with lower catastrophe losses, further improved profitability.
- Investment income increased primarily due to higher yields and extension of fixed income maturities.
- Allstate Protection Plans’ revenues increasing by over 20% due to an expanded product set and international growth.
Headline financials
Revenue & EPS history
Allstate · Revenue · Quarterly
$15.3B
Revenue by segment
Allstate · $607M total across 4 segments · Q1 2023
- Protection Plans$385M—63.4%
- Dealer Services$148M—24.4%
- Arity$37M—6.1%
- Identity Protection$37M—6.1%
Forward guidance
This news release contains “forward-looking statements” that anticipate results based on our estimates, assumptions and plans that are subject to uncertainty.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
+0.3%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+2.1%
Avg return
30 days after
53%
39 / 73 earnings
Positive
+5.7%
Q2 2025
Best reaction
-9.9%
Q2 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.0% | +2.9% | -2.8% | |
| Q4 2025 | +3.9% | -2.9% | +2.5% | |
| Q3 2025 | +1.5% | +6.5% | +3.9% | |
| Q2 2025 | +5.7% | +6.9% | +5.8% | |
| Q1 2025 | -0.6% | +1.8% | +5.8% | |
| Q4 2024 | -0.6% | -1.9% | +4.0% | |
| Q3 2024 | -0.0% | -2.3% | +11.2% | |
| Q2 2024 | +2.2% | -2.6% | +8.8% | |
| Q1 2024 | -0.5% | +0.0% | -1.5% | |
| Q4 2023 | +2.8% | +1.3% | -0.3% | |
| Q3 2023 | +2.5% | +1.9% | +7.5% | |
| Q2 2023 | -5.5% | -2.5% | -4.3% | |
| Q1 2023 | +1.5% | +3.3% | -2.1% | |
| Q4 2022 | +2.7% | -7.6% | -0.3% | |
| Q3 2022 | -1.4% | +2.4% | +4.1% | |
| Q2 2022 | -1.5% | +2.2% | +5.0% | |
| Q1 2022 | +1.4% | -0.6% | +1.7% | |
| Q4 2021 | +2.5% | +5.1% | +7.4% | |
| Q3 2021 | -6.5% | -6.5% | -13.5% | |
| Q2 2021 | -2.1% | +1.5% | +2.5% | |
| Q1 2021 | +3.7% | +5.2% | +6.6% | |
| Q4 2020 | -3.3% | -3.1% | +0.7% | |
| Q3 2020 | -2.7% | +1.0% | +12.3% | |
| Q2 2020 | -1.5% | +0.7% | -3.0% | |
| Q1 2020 | +1.1% | +0.4% | +1.5% | |
| Q4 2019 | +4.7% | +4.5% | -8.9% | |
| Q3 2019 | -1.5% | -0.7% | +5.1% | |
| Q2 2019 | +5.5% | +2.7% | +0.4% | |
| Q1 2019 | -0.8% | -1.4% | -3.6% | |
| Q4 2018 | +4.2% | +4.1% | +5.0% | |
| Q3 2018 | -5.8% | -5.3% | -6.6% | |
| Q2 2018 | +2.5% | +3.4% | +5.7% | |
| Q1 2018 | -3.8% | -3.4% | -4.4% | |
| Q4 2017 | -6.8% | -6.1% | -0.6% | |
| Q3 2017 | +4.3% | +5.6% | +9.8% | |
| Q2 2017 | +3.5% | +3.5% | -0.5% | |
| Q1 2017 | +0.6% | -0.9% | +2.0% | |
| Q4 2016 | +2.9% | +3.8% | +8.8% | |
| Q3 2016 | +1.3% | -0.5% | +5.1% | |
| Q2 2016 | +0.7% | +1.6% | +1.2% | |
| Q1 2016 | +3.8% | — | — | |
| Q4 2015 | +3.5% | — | — | |
| Q3 2015 | +2.1% | — | — | |
| Q2 2015 | -9.9% | — | — | |
| Q1 2015 | -3.6% | — | — | |
| Q4 2014 | +0.4% | — | — | |
| Q3 2014 | +1.1% | — | — | |
| Q2 2014 | +2.5% | — | — | |
| Q1 2014 | +1.2% | — | — | |
| Q4 2013 | +4.9% | — | — | |
| Q3 2013 | -0.6% | — | — | |
| Q2 2013 | +2.6% | — | — | |
| Q1 2013 | -2.1% | — | — | |
| Q4 2012 | +1.7% | — | — | |
| Q3 2012 | -2.7% | — | — | |
| Q4 2011 | +4.7% | — | — | |
| Q2 2012 | +4.7% | — | — | |
| Q1 2012 | +2.5% | — | — | |
| Q3 2011 | -3.9% | — | — | |
| Q2 2011 | -0.3% | — | — | |
| Q1 2011 | -1.3% | — | — | |
| Q4 2010 | -0.1% | — | — | |
| Q3 2010 | -6.9% | — | — | |
| Q2 2010 | -0.4% | — | — | |
| Q1 2009 | +0.0% | — | — | |
| Q1 2010 | +1.3% | — | — | |
| Q4 2009 | -0.1% | — | — | |
| Q4 2007 | -0.1% | — | — | |
| Q3 2009 | -2.3% | — | — | |
| Q3 2008 | -2.3% | — | — | |
| Q2 2009 | +0.5% | — | — | |
| Q2 2008 | +0.5% | — | — | |
| Q4 2008 | +0.5% | — | — |
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